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    GRAVITA INDIA LTD.

    04 November 2025 | 12:00

    Industry >> Mining/Minerals

    Select Another Company

    ISIN No INE024L01027 BSE Code / NSE Code 533282 / GRAVITA Book Value (Rs.) 280.44 Face Value 2.00
    Bookclosure 08/05/2025 52Week High 2475 EPS 42.32 P/E 41.75
    Market Cap. 13043.43 Cr. 52Week Low 1380 P/BV / Div Yield (%) 6.30 / 0.36 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Our Company was originally incorporated as Weldtech Private Limited in the State of Rajasthan on August 4, 1992 under the Companies Act, 1956 vide certificate of incorporation issued by Registrar of Companies, Jaipur.. The name of the Company was changed to Gravita India Private Limited with effect from August 2, 1996 and subsequently company was converted into Public Limited vide a fresh certificate of incorporation dated 13th August, 1996 from Registrar of Companies, Jaipur.

    We started our business with welding and surface coating and were appointed as stockist of Eutectic Division of Larsen and Toubro for state of Rajasthan. Later we entered into arena of manufacturing of Lead products from the battery scrap and set up a manufacturing unit at Jaipur with a capacity of 600 MT per annum. In the year 1996-97 with the objective of forward integration the company diversified into Grey Oxide, Litharge and Red Lead. During the year 2000 there was change in the duty structure of import and export of lead products which badly affected the health of the secondary lead producers and we were part of the same. The company had to stall its operation on account non-repayment of dues to banks but revived its operation in the year after the settlement of the same. Since 2005 the Company has taken the adequate measure to diversify the product range and expand its market to insulate itself from changes in regulations and duty structures. Also the strategy to built plants in different locations globally and service local markets as well as source raw material from different parts of the world has created a strong foundation for the Company.

    Presently, we are an ISO 9001:2008 and ISO 14001:2004 certified company and a certified "Star Export House" by Director of Foreign Trade, India under Ministry of Commerce and Industry with a wide range of lead products. We also have the ability to set up turnkey plants through our subsidiary, Gravita Exim Limited which has gained substantial experience by executing 27 projects in 21 countries.

    MAJOR EVENTS

    1992-93 Incorporation of Company as "Weldtech India Private Limited" to start business of welding technology and powder metallurgy of surface coatings

    1992-93 Appointed as stockiest for Eutectic Division of Larsen and Toubro for the State of Rajasthan

    1994-95 Acquired land in Jaipur and set up of an environment friendly recycling operation of battery scrap to produce remelted lead and poly propylene chips with capacity of 600 MT.

    1996-97 Changed its name to Gravita India Pvt. Ltd and then later converted into Public Limited Company

    1996-97 Ban on import of battery scrap by Government of India

    1997-98 Diversified into manufacturing of Pure Lead

    Installation of new plant for manufacturing of Grey oxide, Red Lead and Litharge

    1999-00 Reduction of import duty structure on import of litharge from 35% to 5% made the lead manufacturing environment non-viable

    First export of the Company

    2000-01 Default on payment of loans to bank resulted in Lock Out for five years

    2005-06 Settlement of Outstanding with Banks

    Re-commencement of business operation

    2006-07 First Subsidiary of the Company

    Crossed Turnover of Rs.20 crores

    2008-09 Acquired Gravita Exim Limited a group company dealing in turnkey solutions for lead processing plants.

    2008-09 Crossed Turnover of Rs.50 crores

    2009-10 Crossed Turnover of Rs.100 crores

    MAJOR AWARDS AND RECOGNITION

    2007 Certified ISO 9001:2000 by Bureau Veritas Certification (India) Pvt. Ltd

    Certified ISO 14001:2004 by United Registrar Systems Limited (India)

    Gravita Exim Limited awarded Niryat Shiromani Puruskar

    2008 Associate Member of the Federation of Indian Chambers of Commerce and Industry

    Presented Technical paper on battery recycling in conferences of India Lead Zinc Development Association at Hyderabad, Mumbai, Delhi and Jaipur

    2009 Received Certificate of Recognition as "Star Export House" issued by Office of the Joint Director General of Foreign Trade

    2010 Certified ISO 9001:2008 by Bureau Veritas Certification (India) Pvt. Ltd.

    2011

    - Mrs. Leena Jain has been appointed as Company Secretary and Compliance Officer of the Company.

    - Board recommended final dividend of Rs. 4/- per share on the equity share of Rs. 10/- each.

    - Gravita signs joint venture with Saudi Arabia’s Best Group.

    - GravitaIndia - Gravita enters into Joint Venture with best group of Saudi Arabia.

    2012

    - Board has recommended a Final Dividend of Rs. 0.60/- per share on the equity share of Rs. 2/- each.

    - Gravita India sells entire stake in Gravita Honduras.

    - GravitaIndia - Gravita India Limited skim off its stake in Gravita Honduras.

    -Company has splits its Face value of Shares from Rs 10 to Rs 2

    2013

    -Gravita India Ltd has been awarded as "India SME 100 Awards".

    -Gravita India Ltd has received "Inc. India 500 Award" for the year 2013.

    2014

    -Gravita India Ltd has been received 'NIRYAT SHREE' Gold trophy in Engineering and Electronics Sector-MSME Category.

    -Gravita India wons export order worth Rs 230 crore rom leading metal trader for Asian and US market.

    2015 - GRAVITA selected among top 100 innovative companies by Inc India - Gravita signed MOU with HeliostatSA, Australia - Gravita Awarded with IIM Non- Ferrous Best Performance Award - Gravita India wins Non-Ferrous Best Performance Award 2014-15

    2016 -Gravita India Ltd. recives, Gravita bags prestigious NIRAYAT SHREE award

    2018 -Gravita expands its plant capacity at Chittoor. -Gravita India signs pact with Amara Raja Batteries. -Gravita India starts commercial production of PPCP Granules. -Gravita Bestowed With Rcci Excellence Award. -"Gravita Started Commerical Production Of Red lead from its plant jaipur".

    2019 -"Recyclers Ghana Limited enhances Production capacity of its Lead Recycling Plant situated at Ghana, West Africa". -Gravita Tanzania starts Commercial Production of Aluminum Cast Alloys at Plant in Africa. -"Gravita Bestowed Best Employer Award 2019". -Gravita Recognised as Three Star Export House.

    2021 -Gravita India increases capacity of its recycling unit at Chittoor, Andhra Pradesh.

    2022 - Gravita India Ltd. received the prestigious Trophy - 2022 for their global presence in R&D and innovative recycling technology. -Gravita commences commercial production of Aluminium Cast Alloys from new plant in Togo, West Africa.

    2023 -Gravita started commercial production of Rubber Recycling in Tanzania, East Africa "".

    2024 -Gravita India Expand Capacity of Its Tanzania Plant. -Gravita India Enters into MOU to acquire a Rubber Recycling Plany In Europe.

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